Economy

During the meeting, Rubio said the US would not allow Iran to "hold the global energy market hostage" and pitched American energy exports as a way for India to reduce supply vulnerabilities.

The import ramp up with its largest trading partner has come as a result of talks between envoys of both countries during Rubio's visit to New Delhi.

India and Canada are set to discuss FTA talks, critical minerals and investments during Piyush Goyal's three-day Canada visit.

From AI and jobs to state productivity and exports, this analysis explores what India needs for durable economic growth.

For many buyers, the fear is no longer just about today's prices. It is increasingly about whether waiting could push the next home upgrade permanently out of reach.

India has identified over 200 petrochemical products for local manufacturing as part of a push to cut reliance on $50 billion worth of imports annually.

The remarks from Union Commerce and Industry Minister Piyush Goyal come at a time when the rupee continues to face pressure amid ongoing geopolitical tensions in West Asia.

Piyush Goyal announced that states can now apply under the Rs 33,660 crore BHAVYA scheme to set up world-class industrial parks.

The 8th Pay Commission is currently consulting various central government employee and pensioner bodies, as it prepares its report on salary revisions.

India's markets face a triple test and the answers may lie in old playbooks.

A Fed veteran, Warsh earlier served as a governor during the critical period from 2006 to 2011, spanning the global financial crisis.

Warsh said it was "the honour of a lifetime" to return to public service, adding that the coming years could deliver "unmatched prosperity" if supported by the right policy framework.

In a post on X on Friday, Shenoy outlined that the Central Bank clocked a bottom-line of nearly 4 lakh crore, and even then they chose to keep a substantial portion of it into their Contingent Risk Buffer.

This small-cap stock is set to issue bonus shares next month.

Waller said the oil shock could dissipate soon, but, he added, "I can no longer rule out rate hikes further down the road if inflation does not abate soon."

The central bank's transfer comes at a challenging time, when the government is facing the headwinds arising from elevated global energy prices.

India's IT-led services export model faces fresh AI disruption as experts warn of slowing GCC hiring, weak R&D growth and overdependence on software exports.

Pai warned that the rupee is getting "hammered" due to a massive dollar drain driven by aggressive FPI selling, which in turn escalates domestic costs.

Last month, an Indian delegation travelled to Washington DC to advance the discussions, and a US delegation is set to visit India next month to continue the process.

The advisory firm's base case assumes the waterway reopens in July, resulting in an average oil demand reduction of 2.6 million barrels a day and the spot-market price for benchmark Brent crude peaking near $130 a barrel over the summer.